How does an auction work?

How Does an Auction Work? 



Every auction is unique. The first step in our process involves a throrough understanding of what you would like to auction and why.


We've heard it all, the weird, bad, beautiful, and ugly and we don't discriminate. Auctions aren't best for every situation, but we are eager to see if we can help and we'll be the first to tell you if we can't.  


Once we understand your situation, we can select the key ingredients for your marketing strategy in order to achieve the most profitable results.  





Once we have a signed agreement, we implement the marketing strategy immediately. 


We use an accelerated marketing plan to get the word out quickly and efficiently. In essence, we attempt to "let the world know" as much as we can about the details of your asset so buyers can make educated and committed decisions. 







When auction day arrives, we finalize the registration process and ensure that all of our bidders have been approved.


A typical auction can last anywhere from 5 minutes to a half an hour, depending on how many interested parties are bidding online, from our mobile app, or live onsite. 


We typically close real estate sales within 30 days of the auction sale. Equipment and personal property must be paid in full before removal.